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The Wichita Eagle from Wichita, Kansas • Page 8

Publication:
The Wichita Eaglei
Location:
Wichita, Kansas
Issue Date:
Page:
8
Extracted Article Text (OCR)

THE WICHITA; EAGLE, SATURDAY MORNING, A UGUST 19, 1922. 1 1 1 v' 'j WINNIPEG GRAIN EXCHANGE Furnished by James- E. Bennett St Company, ANOTHER SHARP WILDCAT TEST ON MOYER FARM WILL HUNT DEEP SAND BABIES AND OLD MEN LEAD LIST OF N. Y. VICTIMS HARDING'S TALK FAILS JO REVIVE 1ARKET INTEREST Railroad and Industrial Shares Are at Highest Level of the Year: POOR DEMAND FOR ORDINARY GRADES ON LOCAL MARKET Local Mills, Elevators and Exporters Pull out of Market on Friday OUTSIDE MILLS BUYING nooni --o.

o. jy neeier-jveiiy-iiagny iildg. WHEAT Close Open Oct. 103 Dec. 101 May .100 High Low Today Y'esfj 102 103 99 101 104 100 MINNEAPOLIS CHAMBER OF COMMERCE Furnished by James E.

Bennett Company, Koom No. 8. WheelerKelly-Hagny Bldg. WHEAT-r Close Open High Low Today Yest'j Sept. 106 100 103 104 -100 Dee.

105 106l 103 104 100 May 110 110 108 108 110 OfficialHeceipts Furnished by James E. BennetV-ft Company. Room No. 8. Wheeler-KeHy-Hajrny Bldar.

SEVEN OIL SANDS FOUNDIN GYPSY'S WHITE MULE TEST Tools Recovered and Test To Be Given Another Shot in Lower Sand MAGNOLIA'S BIG GASSER POXCA CITY, Aug. 18. In many respects the Gypsy Oil company's White Mule wildcat test in sec- They Are Either Too Old or Too Young To Avoid Trif- fic Yr. 233 272 108 619 161 258 03 93 333 384 12 63 102 218 371 18 23 10 24 3 7 133 .79 24 1097 79 1 Inch Casing Set at 2936 and Test Now Drilling Ahead at 296p DRILLING OPERATIONS DORADO, Aug. 18.

A deep test is "to be made of the well Molter and others are drilling ion the Moyer. -Bouth of Latham. in section 26-29-7, according to an an nouncement this morning by' Thomas drilling contractor, The six-Inch casing has been set at 2,936. feet and the tools are down about 2,960. A decision to make a deep test was reached yesterday.

i well has been; closely watched .1 Since it was. started and will attract fradre -attention the next few days. The operators, believe the formations encountered Justify a' deep test being made. well is a rank wildcat. -The "closest production is several miles to jhj west' on the Steinhoff.

To the Cm'M of the latter is the fox-Bush afield. The Wll is about a mile and ar half from the Butler-Cowley county line. Rapid headway Is bling made by Pick Phlpps-on their test on the Ranch, in the northwest coroner of lot 4, section 31-26-8. Eastern v'iiutler county. The well is being flfllled by Hugh Faulders, who said is morning the tools are down about NEEDLESS LOSS OF LIFE NEW YORK Babies who were too young to realize danger, and old men who couldn't move quickly enough to avoid it, swelled the total of accidental deaths to 3,483 in New York city last year, health department reports reveal.

This represents a decrease of 400 from the accidental deaths of 1919 NOnly 987 of the. victims were females, while 2,496 were males. Even among Infants the death rate for males was by far the higher, probably, ac- cording to the health office, because boy babies often come to grief through lnquisitiveness and a natural tendency to seek adventure. "The most important cause of ao -cidental death rom a numerical standpoint' is the automobile," the report continues. Last year 849 persons were killed In this city as the result of automobile accidents.

This is equivalent to a ration of almost 15 per 100,000 of population and represents a net increase of one per 100 since 1919. Needless Loss of Life "We must not lose sight, however of the fact that the number of fatal street accidents has not kept pace with -the increase inthe number of vehicles using the streets. If the same ratio between accidents and vehicles obtained today as in preyiour years, the fatalities would be many times greater, so that in reality a big saving in life has been effected through regulation of traffic and the closing of streets for play during certain hours of' the day." Almost 12 persons per 100,000, numbering 684, died in says: the report; 103 from scaffolds and building and 138 from fire escapes and. windows. "Certainly this was a needless loss of life," tbfe health department.

one-third of these deaths ac-curred among children under; fiv years of Iniother-wordsamong little children werev allowed to go pqt on fire; escapes or to lean out of -windows. "Surely this Indicates gross negligence and calls for active propaganda to educate parents not to permit little tots to engage in such hazardous forms of play." J. HARD TIMES HIT TOY MAKERS Hard times have hit, the makers, dealers and, the children, of Japan. During the boom there'' were 500 celluloid toy factories in Tokio and shops and peddlers did ibig business in Asakusa an dother resorts city. Despite the fact ihat the' ioys are now sold at one-fourth boomy'day.

prices, I customers have so scarce that factories are going- j.lnto bankruptcy or out of busihess. According to an estimate the human body contains a population equal to a thousand million times the Whole human population "of the i 1200 The formation is running almost the same as that encountered in Leon district. A trifle more slate is being found than in the wells iXurther to the southwest. The rig has been completed and tools moved in for the test 'vBl8agno will drill on the Gross farm, the northwest corner of the southwest quarter of section 36-25-6. up will be started Monday, and -the well spudded as soon as possible.

Work of building the rig has been -started by Shelden and others on the I Arnall, in the northwest corner of the southeast quarter of 29-24-6, northwest Butler" county. It is hoped to have r. the Job finished the first -of next week. The Marshall Oil and Gas company las only two wells under way on its Dame lease, In section Virgil field. They are the Nos.

9 and 10. Both are drilling. at about 900 feet. VI The eight- wells completed on this 1" lease are excellent producers andhold- ins; up remarkably well. set of underreamer lugs has been lost in the test, which is being drilled by Thoma J.

Junker v--on 'the Cook farm, south of Piedmont. casing Is being pulled at 1,250 feet, so the lugs can be removed. 1 The Derby Oil eompany is cleaning out its No. 5 Snodgrass, Leon dis- trlct. The well will be put on the pump shortly.

It is said to be good for about 150 barrels. 109 11 44 36 .67 35 22 23 64 171 37 3 31 12 30 74 56 46 77 44 73 68 55 83 92 126 32 00 101 25 48 CO 146 19 49 91 13 61 123 .80 I 7 100 11 45 36 35 22 23 64 173 38 83 31 12 30 75 66 46 77 45 73 68 65 84 92 126 32 01 103 25 48 67 147 20 49 02 13 61 .123 100 11 43 36 .67 35 23 37 83 ,31 12 30 76 66 46 i 77 45 74 68 64 83 82 127 32 01 102 25 43 60 147 20 60 91 13 62 123 80 7 Ajax Kuboer. Kelly-Spring 45 Kennecott 37 Lehigh Val. 68 MSdvale 6 Mo. 23 Mont.

24 Marine. 64 Mex. ...174 MarlamT 38 Xor. Pac. 83 X.

H. 31 Pierce Arrow 12' Pure 30 Pan Am. 70 Pac. Oil. 67 Penn.

R. 46 Reading 78 C. R. I. 45 Rep Steel A 74 U.

S. Rubber. 68 Royal Dutch 65 Am. Sugar. 84 So.

Pac 93 Studebaker .....127 Sinclair Oil 32 Sears Roebuck 92 Steel. C.104 T. P. C. 26 Texas Co 48 Utah 67 Union .147 Union 20 Vanadhim 50 Am.

Woolen. 92 Wabash 13 Westingh. 62 Pullman 123 Lackawanna 61 Overland 7 7 Foreign Exchange KEW TORS, Aug. 18. Foreign exchange easy Great Britain Demand.

$4.47. i Liberty Bond Quotations Quotations furnished by Thomas Invest ment 105 North Market Street. Privato wires to all markets, Prices below are the New York stock exchange closing figures per SI 00. AH trans actions are on this basis. In figuring the value of a Liberty or ictory bond the ac crued interest should be added to the current market price.

In making a sale the minimum price to the seller should be the current market quotations plus the accrued intprpf-t with a minimum of 91 deducted on a S100 bond r.s commission and margin. TODAY'S CLOSE AND IXTERKST Issue Close Acc'd Int First 3e First 4s Second 4s First 4s Second 4 Third 4s Fourth 4 Victory nncalled. Victory 4s. 100. 50 .61 .70 1.03 .74 1.00 1.80 1.45 .80 .80 ,101.00 100,50 100.50 101.10 100.72 100.34 Wichita Bank Clearings Clearings of the Wichita banks, throuch the clearing house, as compared with the corresponding day of the previous year: Friday Sl.472.662.25 Week ago 2.156,649.32 Cotton Market rnlshcd by James E.

Bennett Company. Room No. 8. Wheeler-Kellv-Hajmv Bldr. NEW YORK Open.

High. Low. 21.64 21.62 21.45 21.47 21.40 Close. 21. 68 21.6321.67 21.47 21.48 21.40 Oct.

Dec. Jan. Mar. 22.00 22 05 21.90 21.92 21.80 22 23 22 22.05 no May NEW ORLEANS- Oct. 21.60 21; 8- 21.25 21.20 21-.

28 21 .22 Dec. 21.65 Jan. 21.55 Mar. 21.40 May 1 85 21.77 21.65 :i.io 21.15 21.07 21.07 21. Op Spot Cotton NEW YORK.

Aug. 18. Spot cotton Quiet: middling, $21.90. NEW ORLEANS. Aug.

18. Spot cotton juiet; 25c higher; middling. 21.5Q. REFUSE TO DEAL WITH ENGLISH Germans Would Rather Have Business Connections in America BERLIN. English interests have failed recently in efforts to enlist the air of Germany's three largest airship constructors in the establishment and maintenance of an aerial service between England, Egypt.

India and Australia, under British auspices, according to Director Johann Schuette of the Schuette-Lanz works. Herr Schu ette has recently returned from the United States' after concluding nego tiations for the founding of a German-American company to conduct a Euro pean-American air line. The director intimated that the English project was launched in an attempt to divert the close connections which now have been established between American; and German undertakings and to substitute for them a British leadership in airship construction "which, does not exist," he says. According to Herr Schuette, British interests made proposals to three German companies looking to co-operative construction, but in each- case" the offer was declined. Herr Schuette 'divined in the" project an effort to reap the advantages of Germany's experience in airship with the object of ultimately taking over the German leadership in this He declared its frustration signified the impracticability of the entire plan.

Asserting the English builders have repeatedly failed to product satisfactory results, he declared the English now have attheir disposal only two serviceable Zeppelins built for use In the war, and that the; cell bodies of these are no longer trustworthy. -These, he said, would not suffice even for a service between England and Egypt. Herr Schuette said that 'Americans have had their eyes opened "by the fate of the R-38, and that they will now force a way for world advantages to accrue from the German Industry which, despite the obstacles of the Versailles treaty, has built 80 first-class Zepi3 and 20 Schuette-Lanz ships. 109' SLUMP ON HOGS TOP PRICE $8.60 Local Buyers Follow Lead of Eastern Packers Taking Quarter off Hog Market, FJEW CATTLE OFFERED BECEirXS OF LIVESTOCK Cattle Friday 65 Week ago 145 Y'ear ago 58 Calve Friday 10 Week' ago 43 Year 'ago 13 Hogs Friday -'1061 Week ago 951 Year. ago 3 Friday 37 Week ago 26 Year ago 0 The cattle market was supplied with a light run of fresh arivals on Friday.

The. packers vwere out buying every thing available at prices around steady with the previous day. Nothing good was included In the offering and feature prices were lacking. For the week the 'market looks around steady with the close of the previous week with the exception of the plain and medium killers. Those kind have been slow, dull and draggy throughout the week with an extreme decline of 15 to 25 cenfs on the close.

Veals featured the week with a 50 cent advance but display an undertone of weakness as the week draws to a close. Stockers have met with a very liberal country inquiry that re sulted in a fair clearance to outside points. Traders are going into the week end with a lighter load on hand than during the previous week. BULLS No. Wt.

Price No. Wt. i $3,001 1 1210 BUTCHER HEIFERS 450 e.50 2. 425 Iv 730 5001 2 605 BUTCHER COWS 6...... 030 4.251 1 1040 CANNERS AND CUTTERS 3.50jl2 914 2......

1125 3.231 VEAL CALVES Pricn $2.75 6.25 4.00 V.66 3.23 6.50 2.00 1...... 120 8.001.1...-., 1. 120 6.001 STOCK C0W9 260 90 3. 1. 1.

1. 4. 906 3.25! 3 850 970 778 i 970 i 3.10 i 810 3.00 .1000 3.001 0. 2.73 2.30 ,,.840 2.50 1... 782 2.2o HEAVY CALVES 310 5.50! 1 400 1, 3.

5.00 343 4 501 2 1. 470 STOCK HEIFERS' 4.00 3.23 4. 623 3.75i 1. 480 Friday's Hog Market The porker market displayed unmistakable signs of weakness early in the session. Eastern and river pack ing centers were sending out bearish reports.

On the close the local packers took off another 25 cents which made for a top of" $3.60 on the best offerings. a few loads showed up for the trade. Pigs sold for $3.00 to a packer with the traders paying $7.50 and $7.75 for a few bunches and promising lower prices with any further slump on Heavy sows sold at $6.50 and stags at $5.00. Wagon hogs topped at $8.45 ans a light offering. CARLOT HOGS Wt Price No.

Dk, 191 fS.60j94 2S0 nr3- 431 WASON HOGS 183 8.451 1 No. Dk. 74 60 40 Wt. 185 Price $8.50 3 11 12 15 3 1 210 173 8.45i 168 8.33! 6 PIGS AND STOCK HOGS 127 8.0041 108 130 7.75 1 130 HEAVY SOWS AND STAGS 300 7.00) 5 80 312 40 300 5.501 1 70 5.80 7.75 7.50 6.50 6.00 FOREIGN LIVESTOCK Kansas City i KANSAS CITY. Aug.

1 8 CATTLE Re 3.500; beef steers lower than yesterday's opening, or steady to weak with close: top. S10.25: other sales. S4.85fr 10.15. with most grassers S8.90W7.50; other classes generally steady: good cows. 85.50456.25: com mon kind S4.UU grass heilers.

9M.au: fed yearling, heifers. $9.35: 'best vealers. 511.00: most canners S2.25iS2.50: common to medium stockers, S3 .25 61 7.00: inferior kind. S4.00: plain feeder. 88.40 6.65.

HOGS Receipts. 4.000: fairly active, 15 lower than yesterday's average; top, 89.00 to traders for one load: packers aud shippers top, $8.90: 140 to 220-pounders. S8.708.P0: 230 to C30-pounders. 8.60; 200 to 300-pounders, 88.008.45: bulk of sales, 53. 15 ft 8.

85: packing sows. "jfituOc lower. 87.00 stock pigs steady to 35clower, S8.639.00. SHEEP Receipts. 2.000: killing classes native lambs, 512.7a; odd lots fat, natives, 53.50(36.40.

St. Joseph JST. JOSEPH. Au-. 18.

HOGS Receipts, 4.500; few early sales to shippers and wck-ers 10c to 20c lower than yesterday's average; bulk 170 to 230-pound butchers. 88.90 ff O.00: packing-sows mostly steady; bulk. S7.007.25; average cost yesterday. 58.41; weight. 247 pounds.

CATTLE Receipts. 1.000; fed steers and yearlings nominally steady: grassers weak to lower, about 25c off: cows strong to a shade higher: calves 50c higher: yearlings early. 89.50- no good fat steers here: Kansas grassers. 88.20 down; most desirable cows. 85.0061 6.23: one full load sold at $6.15: top veal calves, 810.50.

SHEEP Receipts, 500: all classes nominally steady: few drive-in lambs. 511.50 12.00:' tew fat ewws, $3.00 6.00. Chicago -CHICAGO, Aug. 18. CATTLE Receipts, 5.500; veal calves mostly 5e lower; other classes generally steady: top beef steers.

$10.75: bulk, 10.25: bulk cows and heifers mostly S5.00ft7.00; canners and cutters largely 82 .65 3.75: bulk bologna bulls. $4. 00 4.25;. veal calves mostly S12.0O 12.23: best to packers. $12.50.

HOGS 23.000: generally 15c to 23c lower: closing strong on light weights: dull on- others; 89.63: bulk 170 to 195-pound weights. 89.43i9.60: 210 to 240-pound butchers mostly $9.20 9.40:' 250 to dvu-pouna outcners mostly 58.859.10; packing sows mostly 50c lower: hnlk. 57.25 Wheat Corn Oats WICHITA Wheat NORTHWEST Minneapolis. Wheat Puluth. Wheat Winnipeg.

Wheat KANSAS CITY Wheat Com i Kafir ST. LOUIS Wheat Corn Oats OMAHA Wheat Corn Oats Grain Information Furnished by James E. Bennett Company. Room No. 8.

Wheeler-Kelly-Hagny Bldg. CHICAGO. Aug. 18. Inspected cars for August 19: Wheat 280 114 Oats 31 MINNEAPOLIS STOCKS For six dayi: Wheat, decrease 205.000: oats, increase rye.

even: barley, increase 45.000; com. decrease 70,000. LEASK The advance yesterday cleaned up a-local short interest in wheat and left market in position where some news of any important nature will be necessary to bring in new investment buying thereby causing further upturn. Corn has had and will have help Irom hot and dry weather reports. LIVERPOOL.

Aug 18. Opening: Wheat. to higher. Close: Unchanged to lower. WICHITA PRODUCE Butter and Eggs Price paid for prbduc at one local stores JSggs.

Fresh, per .10 Butter. Fresh Country. pr lb. Price paid for utter lat at one local creamery, and price charged for creamerj butter at same placet-Eggs. Fresh, excelsior packed on plats or excelsior Dad top and bottom.

new cases included 4.80 Butter. Fresh Packing Stock, per .10 Creamery Butter. No. 1,.. .35 Creamery Butter." 2 132 Butter Fat.

per 27 Live Poultry Prices paid for live poultry and eggs Is case lots at a local wholesale house: Fowls, over 4 17 Fowls, under 4 lbs. ..13 Broilers (1922 Hatch. Leghorns .10 Broilers (1922 Hatch), other .21 Roosters. Old and Staggy 07 Duclcs it .00 (J t. 1 04 No.

1 Y. T. Turks. It lbs and .20 Hen Turks. 7 lbs.

and over .23 Old Toms 2fl No. 2 and Lt. Wt. Turks 3 Guineas, each .2 Wholesale Flour and Feed Prices quoted by local concerns on a whol sale basis Delivery charges not included. Shorts, per cwt.

1.25 Mill Run. per cwt 1.00 .80 6.80 1.23 Bran Corn chops, per 100 lbs. FOREIGN PRODUCE Chicago CHICAGO. Aug. 18.

POULTRY Alive, lower; fowls, lHi22c; broilers. 25c: springs. 23c: roosters. 15c. BUTTER 29 631: standards.

EGGS Higher: firsts, 22 23c. POTATOES Firm: Nebraska sacked Early Ohips. SI cwt.j partly graded. 80i) 90e Minnesota sacked and bulk Early Ohios, fl .00 1.15 cwt. Kansas City KANSAS CITY.

Aug. 18. BUTTER Creamery, unchanged, 37c; packing, lc lower. 20c. 1 EGGS Unchanged: firsts.

21c. BUTTER FAT One cent higher, 28e. POULTRY Unchanged to lc higher, 14 19c; broilers, unchanged, 1821o. POTATOES Homegrown, lower. 60 75c a bushel; others unchanged.

Wichita Hide Market Beef Hides Salt Cured Cattle Hides. No. 1 Salt Cured Cattle Hides. No. 2..

Side Brands, over 40 Side Brands, under 40 Bulls and Stags Bulls. Side Salt Cured Glue Flat Green Salt Cured Deacons .12 .11 .08 .07 .06 .04 .04 .30 .50 Slunks. each 10 .23 Green un cured hides 2c less than same grade cured. Part cured lc less than same grade cured Horse- Green No. 1.

as to size 2.00 1. 00 Horse Hides. Green No. 2, as to size 1.00 .50 Pony hides and glue horse, price, Horse hides, without tails. 25 50c each less.

Mule hides. 25 50c each less than horse. G. S. hog skins, each 10c flat.

Pelts Sheep Pelts. Green Dry. according to wool, lb i Dry Bides Dry Flint, Butcher Heavy. Dry Flint, Fallen Heavy Dry Flint, tinder 10 Dryj Salt. i Dry Salt.

Light J.5Ci .73 .05 .12 .10 .120 .10 12a JO .08 .100 .08 .06 Tallow Tallow. No. 1 Tallow. No. 2..........

.030 .04 .02 J03 SHIPPERS HERE FRIDAY From Kansas Points Farmers Shipping association. Oak Hill, 1 car hogs; F. Hada, Hardtner, 1 car hogs; J. K. Umbachj Dodge Cityy 1 car cattle.

From Oklahoma Points P. N. Miller, "Waynoka, 1 car hogs. From Texas Points J. O.

Cates, Booker, 1 car cattle: J. L. Donnely, Perryton, 1 car hogs. Metal Market NEW YORK. Aug.

IS. Lead steady: spot, S3.755.80. Zinc quiet: E. St. Louis delivery, spot.

LONDON. Aug. 18. Lead. spot.

24. 15s: futures, 24. Zinc, spot. 31. 10s: futures.

30. 15s. 'r Receipts of wfieat in Wichita on Friday totaled 93 cars', and the same number -was reported on the corresponding day of the previous year. Kansas City reported 218 cars, Omaha 109, Salina 44, andHutchinson 51., The market for the first half of the session was practically unchanged from Thursday. Local mills would not-meet sellers' offers and about all the selling went to outside mills, who were in the market for good milling wheat, carrying 13.20 or better protein.

Exporters and elevator interests wera' out of the market. The cash wheat market followed the futures and the close of the cash market was unchanged to 2c to 3c ower. Very poor demand for ordinary wheat. Good carry over at close of market. Three cars, of No.

'3 hard, testing from 57.3 pounds to 576 pounds, sold at $1.15. Prices on No. 3 hard ranged from $1.15 to $1.04. One car of No. 3 dark hard, testing 56.9 pounds, sold at $1.16.

One car of No. ,2 hard, testing 58.5 pounds, sold at $1.10. No. 4 hard wheat sold from 97c to $1.04. Wichita Cash Wheat Sales The following sales cf cash wheat were consummated over the local Board of Trade during Friday's session.

August 18: uara ucui Crs. No. Test Basis Price S1.1Q 1.09 1.10 1.15 1.07 1.15 1.08 1.14 1.15 1.04 1.07 .99 .99 1.04 1.04 7 58.5 K.C. 57.5 57.6 50.5 57 2 5.0 57.0 57.8 58.3 50.8 55 1 55.4 55.4 55.2 54.0 K.C. K.C.

K.C. K. C. K.C. K.C.

K.C. K. C. K.C. K.C.

K.C. K. C. K.C. K.C.

K.C. Wagon Grain Market The following prices are being fcaid Toi for wagon grain at one local elevator: New wheat, basis No. 1 hard, per ,5 .88 New" wheat. basis No. 2 hard, per .85 New wheat, basis No.

3 hard, per .8:3 New wheat, basis No. 4 hard, per .79 New wheat, basis No. 5 hard, per .73 Yellow corn, shelled, per bu. .50 White corn, shelled, per bu .54 Mixed corn, shelled, per bu J'i Oats, per bu 38 Kafir, per bu So i i Chicago Grain CHICAGO. Aug.

18. Timely showers and cooler temperature dispelling fear of damage to corn led to lower prices today for all grains. "Wheat closed unsettled at 2ie to 2ic net decline, with September 81.00 to Sl.OOty.. and December SI. 01 to 51.01 Corn lost 2c to 2 94c And oats Tic to lHc.

In provisions the outcome varied from VZViC decline to a rise of 2 Vic. Wheat was on he down-grade from the start. The breaking of the drought and the passing of the hot- wave led Jo general selling, especially as Liverpool quotations failed to reflect yesterday's advance here. Little power to rally was shown, final prices being near the lowest of the day. the only buying of consequence was attributed to Minneapolis mills.

Corn fields In Nebraska, Towa. Illinois and Indiana all received more or less rain and prices here broke sharply. Oats were dull and merely followed corn. Provisions averaged lower with grain and hogs. CHICAGO BOARD OF TRADE Furnished by James E.

Bennett Company. Room No. 8. Wheeler-Kelly-Hagny Bldg. WHEAT Close Open High Low Today Testy Pept.

102 4 102 100 100 103 Dec. 104 104 101 101 104 May 109 109 100 106 07 109 CORN 62 65 59 Sept. 01 61 B9 B9 Dec. 55 55 63 53 May 59 59 66 57 OATS Sept. 31 31 80 30 Dee.

34 34 33 33 May 37 37 30 33 RYE Sept. 70 70 60 OO Dec. 71 71 70 70 LARD Sept. 10.57 10.60 10.52 10.52 Oct. 1063 10.67 10.62 10.62 RIBS Sept.

9.80 Oct 9.40 31 34 37' 70 71 10.65 10.70 9.85 9.40 K. C. Cash Grain KANSAS CITY. Aug. 1 8.

WHEAT Receipts. 218 cars: unchaneed to lc higher: No. 1 dark hard. J1.031.18: No: 2 dark hard. Sl.0401.18: No.

1 hard. 8 991.13: No. 12 hard. 9 .97 01.13: No. 1 red.

$1.02 1.03: No. 2 red. CORN lower: No. 2 white. 52 ej No.

3 white. 52c: No. 2 yellow. 6858c: No. 3 yellow.

57 No. 2 mixed. 52 55c: No. 3 mixed. '52c.

OATS Unchanged: No 2 white. 33 5l 34c; No. 2 mixed. 32 34c: No. 2 red.

32 RYE 74 0 75c. KAFIR SI. 64 1.76. BARLEY 6(f50c. BRAN 72 3 75c.

SHORTS S. 05 01.13. KANSAS CITY BOARD OF TRADE Famished by James E. Bennett 'Company, Koom ivo. o.

neeier-neiiy-Hagny mag. WHEAT Close Open High Sept. 95 05 Dec. 97 97 May 101 101 CORN Sept. 62 53 Dec.

50 50 May 53 53 Low 93 94 99 49 47 50 Today Yeat'y 93 'k 94 99 49- 47- 51 HM 96 101 B2 50 53 ST. LOUIS MERCHANTS EXCHANGE Furnished by James E. Bennett Company. Room No. 8.

Wheeler-Kelly-Hagny Bldg. WHEAT" Close Open High Low Today Yest'y Sept. 100 99 99 100 Dec. 102 100 100 102 May 107 105 105. 107 BONDS MORE ACTIVE KEW YORK, Aug.

IS. The slow but steady absorption of stocks at constantly rising' prices continued in today's stock market which showed a tendency to break away from 'the restraint Imposed by pending labor troubles. Dealings totalled 650,000 shares. President Harding declaration to congress that the would use all its power to maintain transportation and the right of men to work was received In the financial community but lt had, no visible effect on prices. Rail shares held firm.

'Average price levels of railroad and Industrial shares are now at the highest levels of the year. Mexican and domestic oils continued to be influenced bjj reports, of less ened Mexican production, the former showing pronounced weakness and the latter marked Standard oils of New Jersey, and California moved up Vt and 2 points, while progress was noted in Tidewater. Superior Oil and Sinclair. Copper shares became more active moderate advances being recorded by Utah, Kenne-cott. Butte and Superior and American Smelting and Refining.

Call money opened at 3 1-2 per cent, but eased off to 8 In the final hour. Foreign exchanges were Irregular, early, strength giving way to weakness as the day progressed. Sterling was down from yesterday's close. Ger man marks continued to collapse, selling as low as 7Y2 cents a hundred. Renewed activity In Liberty Issues combined with the creation of several new high records for the year In the railroad and Industrial lists featured today's fairly active dealings In bonds Bradstrect's Review NEW YORK, Aug.

18 Bradstreet's tomorrow will say: While the outlook for the future, both of trade and Industry, has changed for the better, owing to improved strlk6- settlement prospects, there is slight reflection of lt to be had of In the week's report as to current trade and Industry. The partial character of the coal settlement and the continued uncertainty 'in the railroad strike Is partly responsible. But In many lines the Improvement threatens to be slower than was the "growth of the species of slow business paralysis that has made Its effect increasingly visible since the rail way strike began. In this direction, indeed, the installation of the system of coal priorities may prove hurtful to some leading Industries, notably Iron and steel, which have suffered most from the uel shortage but which are low on the priority list, while helpful to the railways and household consumers of ooal, whose needs are soon likely to become urgent. Weekly bank clearings New York Stocks Furnished by James K.

Bennett Sc Company, Room Ko. 8. Wheeler-Kelly-Hagny Bldg. i Closee High Low Today Ytrst'f T. S.

F. .102 Vt 102V4 '102 1025 Am. Smelt. K. 03 Anaconda 54 Ts 63 Ti Am Loco 20 19 A.

G. A W. I 33 Vi 33 62 61 f4 19H 33 53 19 32 149 Am. Tobacco. .149 i 148 149 Am.

Tel. Tele. 123 4 123 123 Gen. 65, 644" 64v64 Baldwin Loco 1258 124 12.4 a-1 79 78 78H 79H Beth. Steel B.

B. Chile Cen. Leather. 58 'i 67 i 57 57 22 40 58 2 "4 40 Vi 22 40 40 Am. Can 57 57i 58 Corn 115, 114 114', 114 Cub, Cane, Sugar.

I.tTs Cub. Sugar. 27 C. 77 Coca-Cola 73 4 Cau Pac. .143 Crucible 93 i 28 76 26 77 26 70 73 142 142 142 92 H2 i Vi 98 flSt 45 44 49 '4 49 81 82 17 17 25 25 88 87 83 84 90 80 13 13 77 76 65 66 41 41 57 59 N.

Y. Cen 98 45 49 .82 98 49 Rl 17 25 86 12NT 76 65 41 56 Cosden Oil. Davison Chem. Unitd Erie White 25 Famous Plnyers, 894 Gulf State Steel, f4 Gt. Nor.

90 13 Tis 67 41 Ti Gen. Motors. Houston Oil Am. Ind. Insp.

Inter. Paper. 68 Invincible Oil 13 14 13 xigs around $9.00: estimated holdover. 10.000. SJIEEP Receipts.

14.000: steady to 15c higher: top western lambs. S13.00: 'top natives. 512.75:' bulk S12.25ri 12.60; native culls mostly 9.00: best handy fat'ewes. bulk heavy- and medium weights. $4.00 (1 7.00: choice western yearling breeding -ewes.

$11.50: top feeder Iambs. PEABODY DISTRICT Pearce on the Brogdon 25-21-2 Is Setting ready to run the 8 inch 'at 1901. Ramsey-Lloyd have rig building- on Reiner 6-22-4. ftion 24-22-1 east In the Otoe Indian 1 country has been one of the most" In- teresting.thus far drilled in, thej entire northern Oklahoma district, arid that too with the final results still In doubt but With all Indications pointing to a fairly good teeing farther development in that immediate locality. Some oil men figure this test Is on the extreme edge of the structure and that good production'' will be found through additional tests.

Altogether the White Mule has had several showings- of oil and gas. It started out fairly early to leave the impression that it would be a producer and it has kept, this record until it has become the deepest producing hole in the state, If not in the entire Mid-Continent field. The test gets Its name from being located on White Mule The oil and gas showings were at 2050-65 feet, 3838-40 feet, 3920-40 feet, 4115-35 feet, 4180-85 feet, 4215-20 feet and the. final sand from which the well' is now producing at4476 feet, the first break in the Mississippi lime. Tools in the Hole; While at work on the test, several days ago, the tools were lost in the hole but these were recovered yesterday and it is expected that another shot will be given the sand today.

The last report obtainable on the production was also several days ago when the well sprayed 65 barrels in 24 hours. After the tools were recovered the work was" halted by cave-ins. The next shot will be the fourth administered since oil was struck in this test. The first show amounted to 5 quarts of nitrq and a small flow of oil resulted. This was just a week ago tonight.

The next day a shot of 10 quarts was administered and two flows resulted, one for about 4 minutes duration and the other for about 3. The next shot was for 15 quarts "and the spraying of 'the 62 barrels followed. The fourth shot, it is said, will be for 20 quarts. The gas pressure has. Increased with each successive shot.

The oil from this test Is going into a 1600-barrel tank. The citizens of Red Rock, which is the nearest town to the White Mule test are subscribing to a fund with which to build a good road from the town to the oil well. The Gypsy people have a considerable block of acreage in that locality, midway between Red Rock and Sumpter, and the Rice wildcat which Is to start drilling soon in section 6-23-2 east is about two miles north of the White Mule. Magnolia's Big Gasser TheXOtoe district got another big gasser yesterday when the Magnolia Petroleum company's No. 2 Diamond-Miller, in section 4-22-3 east encountered 27,000,000 cubic feet at 2595 feet.

This is Just off the Watchorn. town-site, which was opened the past week. It Is understood this will be held as a gasser for a time and then, drilled deeper. The Oklahoma Natural Gas company has a pipeline from that area to Oklahoma City. All the Alcorn Oil company's test3 are getting down to interesting depths, Including the Helen Barnes in 4-22-1 east drilling at 2150 feet, the Ramsey testiln 11-22-2 at 2236 feet, the Joseph Jeanns in 26-23-1 at 1536, the Donahoe in 20-22-2 at 1120 feet, arid the Dailey in 32-22-3 at 1690 feet.

DRILLING AT 2625 FEET The Gwane Petroleum company on the Stahl farm, south of Jewton, Is reported drilling at 2625 feet." It is said that the drill went through lime and picked up a dark shale, which encouraged the drillers. PUMPDVG 160 BARRELS Branson, Royer and associates' new well on the McLean farm, in the northeast corner of the south half or the southwest quarter, of section 5-27-6 is reported pumping 160 barrels, of. oil daily. The same parties- are drilling a second test offsetting the McLean, and making good time. NEW TEST FOIi RENO COUNTY 1 is reported that Hopper and associates have let the contract for a second test near the Silver Creek Oil company's gas well on the Fields farm, in Reno county, and that drilling will be started in a short time.

The location of the test has not been made public. LAMONT, OKLAHOMA TEST LAMONT, Aug. 18. The Comar Oil Sullivan Diamond Drilling and Enid parties in Smalley No. 1, southeast of the northwest of 13-25-4 "west, have set the 8 inch casing at 40 feet and waiting for the cement-to set The total depth of th? hole Is 425 feet.

nice showing for gas was had at this location at 400 feet. The Gladys Belle Oil that acquired the acreage and a test from C. C. Lewis, Ed. Chaney and others of Tonka wa, five miles southeast of lia-mont are getting ready to resume operation.

The test was drilled to a depth of 550 'feet. This will be put down 3.300 feet, or deeper It is understood. Garber Brothers, and -Failing It is reported will make a location for a deep test in "thf southeast of 9-25-4 vr, west of Lamont. In the Deer Creek district In eastern county, the Western States Oil Land that found a flow of gas estimated at from 8 to 10 million feet' in the top of the sand at 1,237 feet In, No. 1 of 27-27-3 will deepen the hole to the sand at 4,500 feet unless oil or gas is found in paying quantities at' a HOWARD DISTRICT work has been resumed on the Cook well, section 2-28-9, in the northwest part of the Tne Houghton-Dane well on Elledge 28-28-11, is a rig." It is.

expected to be-- "gin work this week. Is reported that the casing Is be-lS pulled in Dunkelberger No. 2, with the intention of shooting the Bhallow sand. Location northwest 34-29 10. 'Jfa3 GREENWOOD COUNTY sr4j- T.

Junker is drilling at 1400 fee't Cook farm near Piedmont. This -wjJdcat Is miles from production and is being watched with much interest by oil men. Paul arid Welch are ready to soud In their Bllson No. 2 in the southeast corner of their teri acre tract in 35- Jeffers, Allen and others on (the Hessin In 35-25-10 are drillins at IS STILL CHAMP? HUTCHINSON, KAN. Appar-ently Charles C.

McBratney, of Guymon, who, for two years has won" the wheat growing championship at the International Wheat Show, Wichita, i maintaining his reputation. Wheat from his farm recently tested In the laboratory here showed 14.08 per cent protein content. In a test conducted at Kansas City recently, with wheat from Kaneas, Oklahoma, Missouri and" Nebraska, the Nebraska grain won the first award with 14.16 per cent protein. 1 Thus. the championship of the Southwest Is now claimed for McBratney's.

wheat. WANTED WAGON WHEAT We1 Buy All Grades I J. W. CRAIG GRAIN CO. RED ELEVATOR 20th at Sants Fe By Bad Fisher MUTT AND JEFF The Little Fellow Flashes a Bit of Class around 1500 feet.

Rogers Bitler on the Sample No. 33-25 10 are drilling at 1100" feet. BItler on the Grabham the southwest quarter of 5-25-10. an offset to Bilson No. 1.

are drilling fX' 600 feet. Smith, Carlson Smith are ready spud in attest well on the Mock lots North Oak street, inside the city 'limits of Eureka. Heilman and others are movlpg in 'n16, timbers for a rig on the Gregg Coulter an in the southwest corner as' half of the southwest quar- ter of 9-25-9. John Rogers, of Eureka drill the well. DRILLING AT 2340 FEKT Sons on the Slocomb farm, north of Burns, Jin the southeaet "isomer of Marion countyl are reported drilling at 2430 feet, a sand is re-- Ct.

ported to have been found at 2350, 'il-'bu't no oil showed up. KSPrDDIXG NEAR LAMONT Bi Independence parties are reported spudding a test on the Elsbury lease the southwest corner of the quarter of section 10-22-13, north of the Virgil pool. In Greenwood coun-j'ty. The contract calls for a depth of. 2000 feet.

4 It- is sufficiently 'in ad-if vance of production to be termed a wildcat. i i i AND ISOTTA wAv6, I THAT I THiN 0 ifwH At that tvi.gv Aiic.evc-v- LJ if HU'Gve aouAv 3' 113 fj-" iS- -mi BURNS TEST flSHING A. J. Bellport and associates fighting a fishing Job In their test south of Burns," at around 2600 VTTfe PUMPING 320 BARRELS It is reported that ther Minnehoma well, In section 7-22-13, Greenwood Is' making 820 barrels daily on the pump. The well has all the tankage filled, and the company is '-building another 1600-barrel tank- to take care" of the oil.

shallower depth..

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